Nami | Daily Crypto News 13.02.2018

Bank of Japan Governor Haruhiko Kuroda said on Tuesday cryptocurrencies likely won’t threaten legal tenders like the yen any time soon as they are mostly used for speculative trading, rather than as payments and settlement means.

Russia’s Ministry of Communications and Mass Media (Minkomsvyaz) has published a document establishing the licensing rules for ICO projects. Some of the key requirements presented to digital token issuers require nominal capital of about 100 mln rubles – approximately equal to $1.7 mln – and a license for the development, production, and issuance of tokens.

On Friday, the New Jersey Bureau of Securities ordered Bitcoin-related investment pool Bitstrade to stop offering its goods in New Jersey.

Business Insider: Criminals in Europe are laundering $5.5 billion of illegal cash through cryptocurrency, according to Europol

Europol director Rob Wainwright said 4% of all criminal proceeds are now turned into cryptocurrencies.

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